**Essentra plc Q3 2025 Trading Update Summary:**
Essentra plc, a global provider of essential components and solutions, reported a 5.9% revenue growth in Q3 2025 at constant currency on a like-for-like, working day-adjusted basis. This growth reflects a year-on-year recovery as end-market conditions improve, despite mixed market conditions. Key highlights include
1. **Regional Performance**
**EMEA**Mixed results, with growth driven by strong performance in Turkey (benefiting from faster-growing end-markets, pricing initiatives, and local currency devaluation). Ex-Turkey, demand was subdued, particularly in the UK and Western Europe.
**Americas**Maintained year-on-year growth, supported by pricing initiatives and stable distributor channels.
**APAC**Driven by China’s market dynamics and business wins in faster-growing sectors.
2. **Operational Focus**
Continued emphasis on operational efficiencies and selective reinvestment for growth.
Progress on ERP deployment in EMEA and pricing initiatives in the Americas.
Footprint rationalisation measures remain on track.
3. **Financial Position**
Robust financial position with FY25 leverage expected to stay within the 0.5x to 1.5x target range.
Strong operating and free cash flow conversion.
Active review of bolt-on acquisition opportunities.
4. **Outlook**
Revenue growth and improving order intake continued into October, though the Group remains cautious about market recovery timing.
Full-year adjusted operating margin expected to remain consistent with H1 2025, partly due to lower margins from strong Turkish operations.
Confidence in achieving medium-term strategic and financial targets, supported by operational initiatives and growth opportunities.
The Board remains optimistic about Essentra’s ability to deliver on its strategic goals despite ongoing market challenges.